To quantify the impact, let's assume you are buying a keyword, like "divorce lawyer" for $5.00 per click.
- If 2% of your clicks end up completing a lead form, your effective cost per lead is $250.00
- However, if 10% of your clicks complete the form, your effective cost per lead drops down to $50.00
The math is pretty simple, but the impact is huge.
Before you start any SEM campaign, you should be sure that you are set up to track conversions. Google makes it pretty easy to calculate your cost/lead by providing you with a "conversion pixel." A conversion pixel is a snippet of code that you put on a web page that is shown when the lead form is submitted (usually a "thank you" or "confirmation" page).
All of that is straight forward enough. However, where most marketers fall down is that they don't anticipate the fact that they are going to need to constantly test different landing pages to find the highest converting one. So, as you build your website and start buying traffic, make sure that your technology platform makes it easy to generate new landing pages.
The best landing pages in paid search convert at upwards of 50%. Most of the lawyers that I've seen buy paid search convert between 4-6%. Even if you don't get it to 50%, landing page optimization is the key to success.
See also:
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